Change - Announcement of Cessation::Cessation of Chief Executive Officer and Executive Director, SBS Transit Ltd

Issuer & Securities

Issuer/ Manager
SBS TRANSIT LTD
Securities
SBS TRANSIT LTD - SG1F58858209 - S61
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
28-Dec-2018 19:49:00
Status
New
Announcement Sub Title
Cessation of Chief Executive Officer and Executive Director, SBS Transit Ltd
Announcement Reference
SG181228OTHRSZ4U
Submitted By (Co./ Ind. Name)
Chan Wan Tak, Wendy
Designation
Joint Company Secretary
Description (Please provide a detailed description of the event in the box below)
Cessation of Chief Executive Officer and Executive Director, SBS Transit Ltd

Additional Details

Name Of Person
Gan Juay Kiat
Age
61
Is effective date of cessation known?
Yes
If yes, please provide the date
27/03/2019
Detailed Reason (s) for cessation
Mr Gan Juay Kiat has resigned due to personal reasons.
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/03/2010
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
6
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer and Executive Director
Role and responsibilities
Oversees the operations of SBS Transit Ltd
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
SBS Transit Ltd
- 30,000 shares (Deemed Interest)
- 150,000 share options
Past (for the last 5 years)
Nil
Present
- SBS Transit DTL Pte Ltd
- ComfortDelGro Bus Pte Ltd
- Comfort Transportation Pte Ltd
- CityCab Pte Ltd
- ComfortDelGro Engineering Pte Ltd
- SBS (Guangzhou) Pte Ltd
- ComfortDelGro Corporation Australia Pty Ltd
- CDC Victoria Pty Ltd
- Western Sydney Repair Centre Pty Ltd
- Braddell Limited
- Metroline Limited
- Bulawan Ventures, Inc.